What is the loan term? What are the rates?
InstaCap® Loan is a 5 year term loan with competitive fixed interest rates based on business health and personal credit.
Can I pay off my loan balance early without paying a fee?
Yes, there is no pre-payment penalty for an InstaCap® Loan. Pay it off any time with no added fees.
What does my business need to get approved for an InstaCap® Loan?
Loan approval and rates will depend on the health of your business and how long you have been in business.
How much money can I borrow?
You can borrow between $10,000 and $100,000.
Are there any origination costs for this loan?
There is a one-time origination fee of $300 for accepting the loan. There are no other fees providing your loan remains in good standing.
How can I use my loan funds?
You may use the funds for a business purpose such as working capital, expansion, renovation, or marketing.